Dr FS Oft: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Dr FS Oft
Largest movements
- Current investments +€300,000
new in 2025: €300,000
- Cash -€90,605
down €90,605 (-35.4%), from €255,826 to €165,221
mainly Current investments (-€300,000) and Deferred charges and accrued income (-€12,628)
- Deferred charges and accrued income +€12,628
up €12,628 (+65.3%), from €19,324 to €31,952
- Profit (loss) carried forward +€218,996
up €218,996 (+99.2%), from €220,749 to €439,745
- Gross operating margin +€10,961
up €10,961 (+4.0%), from €276,473 to €287,434
- Taxes +€3,218
up €3,218 (+5.0%), from €64,679 to €67,896
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €292,658 | €516,063 | +€223,406 | +76.3% |
| Fixed assets | 21/28 | €1,120 | €1,140 | +€20 | +1.8% |
| Tangible fixed assets | 22/27 | €1,120 | €1,140 | +€20 | +1.8% |
| Plant, machinery and equipment | 23 | €392 | €229 | -€163 | -41.5% |
| Furniture and vehicles | 24 | €728 | €911 | +€183 | +25.1% |
| Current assets | 29/58 | €291,537 | €514,923 | +€223,386 | +76.6% |
| Amounts receivable within one year | 40/41 | €16,387 | €17,750 | +€1,363 | +8.3% |
| Other amounts receivable | 41 | €16,387 | €17,750 | +€1,363 | +8.3% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €255,826 | €165,221 | -€90,605 | -35.4% |
| Deferred charges and accrued income | 490/1 | €19,324 | €31,952 | +€12,628 | +65.3% |
| Total equity and liabilities | 10/49 | €292,658 | €516,063 | +€223,406 | +76.3% |
| Equity | 10/15 | €223,749 | €442,745 | +€218,996 | +97.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €220,749 | €439,745 | +€218,996 | +99.2% |
| Amounts payable | 17/49 | €68,908 | €73,318 | +€4,410 | +6.4% |
| Amounts payable within one year | 42/48 | €68,908 | €73,318 | +€4,410 | +6.4% |
| Financial debts | 43 | €359 | €1,403 | +€1,044 | +291% |
| Credit institutions | 430/8 | €359 | €1,403 | +€1,044 | +291% |
| Trade debts | 44 | €3,011 | €3,159 | +€148 | +4.9% |
| Suppliers | 440/4 | €3,011 | €3,159 | +€148 | +4.9% |
| Taxes, remuneration and social security | 45 | €65,539 | €68,756 | +€3,218 | +4.9% |
| Taxes | 450/3 | €65,539 | €68,756 | +€3,218 | +4.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €506 | €700 | +€194 | +38.4% |
| Other operating charges | 640/8 | €325 | €269 | -€55 | -17.0% |
| Gross operating margin | 9900 | €276,473 | €287,434 | +€10,961 | +4.0% |
| Operating profit (loss) | 9901 | €275,643 | €286,464 | +€10,822 | +3.9% |
| Financial income | 75/76B | €509 | €951 | +€442 | +86.8% |
| Recurring financial income | 75 | €509 | €951 | +€442 | +86.8% |
| Financial charges | 65/66B | €341 | €522 | +€181 | +53.2% |
| Recurring financial charges | 65 | €341 | €522 | +€181 | +53.2% |
| Profit (loss) for the period before taxes | 9903 | €275,810 | €286,892 | +€11,082 | +4.0% |
| Income taxes | 67/77 | €64,679 | €67,896 | +€3,218 | +5.0% |
| Profit (loss) for the period | 9904 | €211,132 | €218,996 | +€7,864 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €211,132 | €218,996 | +€7,864 | +3.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.